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RE: Ripple now the second most valuable cryptocurreny in the world, again
A lot of people are trying to say Ripple is poised to permanently take the number 2 spot. Isn't it a lot more obvious that Ethereum is simply undervalued right now from the ERC-20 selloff?
XRP is one of the worst coins right now from a decentralization perspective. There are 40 billion coins in circulation and Ripple Labs controls another 60 billion behind the scenes.
The blockchain wants to destroy the banking sector, not bring them to the table. Hopefully, XRP becomes a Trojan Horse for fiat, instead of vice versa.
I think a fabric/platform coin will more likely be the second most valuable coin at some point. Though I am not sure it will be Ether. There are some serious problems with scaling over there that aren't entirely clear how they will solve them. Either way though, I'd say yes when things are more accurately valued a fabric/platform coin will be the second most valuable coin, possibly the most valuable coin. Though I think bitcoin will always be up there as a store of value.